75972 results returned for search: "" category "Business"
Bermuda-based Omega Insurance Holdings has announced that its acquisition by Canopius Group will be completed by the end of August — a month later than originally planned.
It says that it has made significant progress in satisfying all the regulator...
DATE: Jul 30, 2012
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CATEGORY:
Reinsurance
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Bermuda-based insurer Ironshore has announced the launch of a specialty commercial crime product to be offered by its Lloyd’s Pembroke Syndicate 4000, based in London.
Offering coverage limits up to £20 million, the new coverage indemnifies an organ...
DATE: Jul 30, 2012
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CATEGORY:
Reinsurance
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There’s more proof that investors are continuing to deploy capital into the insurance-linked securities (ILS) sector.
A study released by Aon Benfield Securities, the investment banking division of global reinsurer Aon Benfield, shows the volume of c...
DATE: Jul 30, 2012
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CATEGORY:
Reinsurance
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Belco is assuring residents that a recent rash of power outages is unusual, unrelated to any increased summertime electricity demand or capacity, and not expected to continue through the summer.
A minor transformer explosion inside Belco’s Park Road ...
DATE: Jul 30, 2012
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CATEGORY:
Local Business
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Dan Soares’ career actually began in the Island’s hotel industry after he earned a degree from the Bermuda College Stonington campus.
It wasn’t until the early 1990s that the veteran Bermudian re/insurance executive changed course completely; he was ...
DATE: Jul 30, 2012
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CATEGORY:
Reinsurance
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Shares of global insurance broker Aon surged more than six percent on Friday after its second-quarter results beat analysts’ expectations.
Aon said its risk solutions segment benefited from an improving pricing environment.
It recorded a standout se...
DATE: Jul 30, 2012
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CATEGORY:
Reinsurance
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Local stocks finished the week lower as some of the Island’s largest domestic companies saw their share prices tumble in Bermuda Stock Exchange (BSX) trading.
Telecommunications group KeyTech Ltd suffered the biggest fall, sliding nine percent as its...
DATE: Jul 30, 2012
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CATEGORY:
Bermuda Stock Exchange
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It was a down day on the Bermuda Stock Exchange.
Shares of KeyTech slid 55 cents or 9 percent yesterday with 2,401 shares trading to close at $5.55.
Bermuda Aviation Services lost 12.9 percent or 40 cents with 8,700 shares trading. The stock closed ...
DATE: Jul 28, 2012
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CATEGORY:
Bermuda Stock Exchange
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By Bryan Dooley
Similar to Sylvester Stallone’s character in the 1993 movie “Cliffhanger” who dangled nervously from a precipitous rock face in the Colorado Rocky Mountains, such is the predicament now facing the already teetering US economy, which i...
DATE: Jul 28, 2012
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CATEGORY:
Personal Finance
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I've always believed that to whom much is given, much is required. So I was intrigued by a situation a reader raised in a recent online discussion. It made me think about how little we are trained in how to help individuals we believe are in need.
T...
DATE: Jul 28, 2012
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CATEGORY:
Personal Finance
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